Independent Director's 2025 Annual Report
BGT Independent Director's 2025 Annual Report Jietai Group Co., Ltd. Independent Director's 2025 Annual Report (Wang Lei)
To all shareholders and shareholder representatives:
According to the "Administrative Measures for Independent Directors of Listed Companies," the "Shenzhen Stock Exchange GEM Stock Listing Rules," and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 2 - Normative Operation of GEM Listed Companies," and other laws, regulations, and normative documents, I, as an independent director of Jietai, hereby submit my annual report to the board of directors and the shareholders' meeting, reporting on my fulfillment of duties as follows:
I. Basic Information
(I) Work Experience, Professional Background, and Concurrent Positions
My name is Wang Lei. I am male, born in 1955, a Chinese national with no permanent overseas residency. I hold a Master's degree and am a professor-level senior engineer. I have been awarded the honorary titles of National Labor Model and State Council Government Special Allowance. I am the head of the Metal Group Expert Committee of the Xinjiang Uygur Autonomous Region Expert Database and a member of the National New Round Mineral Exploration Strategic Action Expert Database. From May 1997 to June 2006, I served as the Chief Engineer of the First Geological Brigade of the Xinjiang Uygur Autonomous Region Bureau of Geology and Mineral Resources. From July 2006 to September 2016, I was the Deputy Director and Chief Engineer of the Xinjiang Uygur Autonomous Region Institute of Geological Survey. I retired in 2016. Since October 2024, I have served as an independent director of the company.
(II) Statement of Independence
During my tenure as an independent director of the company, I have not held any positions in the company other than that of an independent director, nor have I held any positions in the principal shareholder companies. There are no circumstances that hinder my independent and objective judgment in relation to the company and its principal shareholders, and there are no situations that affect the independence of an independent director. This complies with the requirements of the "Administrative Measures for Independent Directors of Listed Companies," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 2 - Normative Operation of GEM Listed Companies," and other laws, regulations, and normative documents, as well as the "Articles of Association of Jietai Group Co., Ltd." (hereinafter referred to as the "Articles of Association") and the "Independent Director Work System of Jietai Group Co., Ltd." (hereinafter referred to as the "Independent Director Work System") regarding the independence of independent directors.
II. Performance of Duties in 2025
(I) Attendance at Board and Shareholders' Meetings
| Director Name | Number of Board Meetings Attended | Number of Shareholders' Meetings Attended |
|---|---|---|
| Wang Lei | 11 | 3 |
| Entrusted Attendance | 0 | 0 |
| Absence | 0 | 0 |
As an independent director, I have always maintained an attitude of diligence and responsibility. I carefully reviewed the various meeting materials before the meetings, prudently put forward reasonable suggestions, fully expressed independent opinions at the board meetings, actively promoted scientific and standardized decision-making by the board, and conscientiously protected the legitimate rights and interests of all shareholders, especially small and medium-sized shareholders.
In 2025, the procedures for convening and holding board meetings were legal and compliant. Major operational decisions all underwent the corresponding deliberation procedures. None of the proposals infringed upon the interests of the company and its shareholders. Therefore, I voted in favor of all proposals, with no opposing, abstaining, or dissenting votes.